🚨 $PNUT /USDT ALERT: Approaching Critical Levels – Prepare for a Potential Move! 🚨

Current Price: $1.1942 (-7.82%)

24H High: $1.3080 | 24H Low: $1.1800

The $PNUT /USDT pair has seen notable downside pressure, trading near a key support zone. This level could determine the next significant move – whether it be a reversal or continuation of the downtrend. Here’s the analysis:

Key Levels to Watch:

1️⃣ Resistance 1: $1.2200 – A breakout above this level could signal the start of recovery.

2️⃣ Resistance 2: $1.2600 – Breaking this resistance may trigger a stronger upward push toward higher targets.

3️⃣ Support: $1.1800 – A critical zone to hold. A breakdown below could accelerate selling pressure.

💡 Trade Setup:

Long Entry: If PNUT/USDT reclaims $1.2200 and sustains, targets could extend to $1.2600 and $1.3000, with a stop-loss at $1.1700.

Short Entry: A drop below $1.1800 could push the price lower toward $1.1500 and $1.1000, with a stop-loss above $1.2100.

⚠️ Note: Closely monitor trading volume and price action near these levels for confirmation. Volatility remains elevated, so risk management is essential.

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